The invention relates to a circulating conveying device for materials, and belongs to the technical field of conveying devices. The circulating conveying device comprises a conveying frame, a conveying trolley which comprises front wheel and a rear wheel and is used for carrying materials, a chain transmission mechanism pulling the front end of the conveying trolley, a motor for driving the conveying trolley to horizontally move anticlockwise in a plane through the chain transmission mechanism, an upper guide rail, a lower guide rail, a front middle guide rail, a rear middle guide rail, a rear sinking guide rail, a front upper skew bridge, a front lower skew bridge, a rear lower skew bridge, a rear lower skew slope, a rear upper skew bridge and a rear upper valve, wherein the upper guide rail, the lower guide rail, the front middle guide rail, the rear middle guide rail and the rear sinking guide rail are horizontally installed on the conveying frame and used for supporting the rear wheel of the conveying trolley, and the front upper skew bridge, the front lower skew bridge, the rear lower skew bridge, the rear lower skew slope, the rear upper skew bridge and the rear upper valve are installed on the conveying frame. The circulating conveying device has the beneficial effects that the structure is ingenious, operation is convenient, the conveying trolley can horizontally move to conduct transportation in the vertical plane in a circulating manner, and the materials can be conveyed in a circulating manner.